FILE- In this Aug. 15, 2017, file photo, former pharmaceutical CEO Martin Shkreli speaks during an interview by Maria Bartiromo during her "Mornings with Maria Bartiromo" program on the Fox Business Network, in New York. Shkreli's lawyer says his client's caustic online rants shouldn't be taken so seriously. The attorney for the convicted ex-biotech CEO argued in court papers filed Tuesday, Sept. 12, that Shkreli's recent offer to pay a $5,000 bounty for a lock of Hillary Clinton's hair falls under the category of "political satire or strained humor." (AP Photo/Richard Drew, File)

Former pharmaceuticals company CEO Martin Shkreli has had his bail revoked and is going to jail in New York while he awaits sentencing for a securities fraud conviction.

Shkreli's defense argued in court papers filed Tuesday his recent offer to pay a $5,000 bounty for a Hillary Clinton hair with the follicle falls under the category of "political satire or strained humor." The government calls the comments threats worthy of revoking the bail of the so-called Pharma Bro.

Shkreli is best known for hiking up the price of a life-saving drug and for trolling his critics online. He has said he feels "exonerated" despite his conviction.